A closely watched semiconductor stock index has fallen into a bear market, erasing part of a blistering memory-led rally that lifted the gauge more than 105% in three months, according to Bloomberg.
The move underscores how quickly momentum has faded in the chip group after the sharp run-up tied to AI demand.
STOCKS | Chip Stocks Fall Into Bear Market as 105% AI Rally Fizzles
2026-07-17 13:47:31
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